EnergyIQ’s growth and momentum continue as more and more E&P companies require access to trusted data to drive analytics and automate decision making
Littleton, CO (August 07, 2019) –EnergyIQ, the leader in data management solutions for the oil and gas industry, today announced a growing number of E&P companies are selecting the company’s software solution suite. They include independent operators, service companies, and financial firms ranging in size from $250M to $60B in market cap. Increasingly, these companies have recognized the need to access the best data available to drive operational efficiency, speed up decision making, and reduce costs. EnergyIQ meets this need by delivering scalable SaaS based Well data management solutions for the upstream oil and gas industry that provide a single source of the most trusted data to the enterprise.
EnergyIQ’s solutions blend data from multiple commercial sources with proprietary information from Well lifecycle applications to generate a golden version of the data for consistent delivery to critical business applications. The knowledge of the business is captured within business rules to drive workflow automation and increase operational efficiency.
EnergyIQ has also recently expanded the solution offering in multiple dimensions, creating an even more comprehensive suite of solutions for the E&P industry including:
- Partnering with additional commercial data providers
- Acquiring and integrating the petroWEB applications to rapidly advance workflow automation
- Becoming an ESRI Silver partner with greatly enhanced integration with ESRI technology
- Partnering with application providers to grow the library of off-the-shelf integrations
Our team of industry and technical experts ensure that solutions are quickly operational and delivering real business value.
Steve Cooper, CEO of EnergyIQ, said, As investors and stakeholders increase their demands on E&Ps to generate positive returns within cashflow, companies are looking towards advanced digital technology to gain competitive advantage. To achieve this, they need access to the best data and this in turn is driving the growth of EnergyIQ.
EnergyIQ creates information certainty in an uncertain E&P world. For over a decade, leading oil and gas operators have relied on EnergyIQ to help them effectively and efficiently manage, grow and adapt to change in the cyclical energy market. EnergyIQ solutions help customers improve organizational efficiency, productivity and effectiveness based on trusted data, automated workflows and advanced analytics. EnergyIQ’s Solutions maximize the value of information, grow trust and confidence in decision making, and lowers the cost of enterprise information. The company serves clients around the world from offices in Houston, Calgary and Littleton, Colorado.
VP Business Development